easytaxrules

Yes, you read that right. The Supreme Court has stated that once you have executed a sale deed, even if you have not received the full payment, the sale deed cannot be cancelled. This applies if it is clearly mentioned in the registry at the time of registration that all payments have been made. However, it is not that the seller is completely helpless. If it is clearly written in the sale deed that the ownership will transfer only when the full payment is made, then ownership does not transfer just by doing the registry. Therefore, while selling a property, you must keep these points in mind. You should execute the sale deed only when the full payment is received, or you must include this specific clause; otherwise, you could get into big trouble.